Superior SQM rating for Australian Eagle Asset Management

Barry Littler

SQM has completed its inaugural rating of the Australian Eagle Trust Long-Short Fund, awarding its superior rating category of 4.25 stars.

The rating indicates that SQM believes the Australian Eagle Fund has substantial potential to out-perform over the medium to long term and that management is of a very high calibre.
SQM also stated that it considers the fund to be suitable for inclusion on most Approved Product Lists (APLs).

Barry Littler, CEO of Australian Eagle Asset Management, said the inaugural rating was very pleasing and that he believed there is a growing market appreciation for long-short strategies that are backed by a solid investment process.

The report noted that the Australian Eagle investment philosophy for long-only investing has been in practice since 2005 when the manager commenced managing institutional mandates and has performed well above benchmark.

Barry Littler also noted that “the long-short product represents a sensible evolution of our long-term process which gives clients access to both outperformance from long stock positions as well as value add from short positions. It is good to see that SQM agreed that the fund displays defensive characteristics and should be a good portfolio diversifier”.

Performance: